Siccing FCPA on Murdoch?

The financial press has been speculating that the police-payoff scandal that has engulfed some of Rupert Murdoch’s British properties will provide fodder for a U.S. prosecution under the Foreign Corrupt Practices Act. Alison Frankel, Reuters: “In an age of limited resources, I’m not convinced that our government should be bending and twisting the FCPA to make a case against News Corp, however sexy and high-profile that case would be. Remember, just about every FCPA case we’ve seen in the recent flurry of prosecutions has involved alleged bribes of officials in countries with inadequate anti-corruption enforcement systems.” More: Bainbridge.